If so, contact dedicated Buffalo bankruptcy attorney Randy Gugino for a free confidential consultation. With over 30 years of experience helping residents throughout Western New York with debt relief, he can customize a solution to help you eliminate debt and end creditor abuse.

We can provide the guidance and solutions you need to help get you back on a path to financial stability.

What is chapter 7 bankruptcy?

Chapter 7 is best suited to individuals who have accumulated significant debt and have little or no income. When you file for Chapter 7 bankruptcy, you wipe the slate clean — all your non-exempt debts are removed. Chapter 7 is also known as liquidation bankruptcy because some of your property may be sold or liquidated in order to pay back your creditors.

Is it faster to file a chapter 7 bankruptcy?

Debts are usually discharged faster, and over a shorter period of time with a Chapter 7 bankruptcy than with a Chapter 13 bankruptcy.

Why should I choose chapter 7 bankruptcy?

Each case is different and varies on a variety of factors. At the Law Offices of Randy H. Gugino, we offer free confidential bankruptcy consultations and can explain the advantages and disadvantages of each type of bankruptcy to find the option best suited to you.

Below are some of the reasons you may choose a Chapter 7 Bankruptcy:

Chapter 7 allows you to protect your home and assets.

Chapter 7 allows you to protect your retirement plan.

Chapter 7 allows you to discharge credit card and medical debt.

Chapter 7 helps to stop harassing phone calls.

Chapter 7 can help save your house by stopping foreclosure proceedings.